Switzerland
RBC Capital adds to structured equity and commodity group
RBC Capital Markets has hired Carmine Meoli as head of Private Banking Solutions Sales and Arif Hussein and Peter Drewienkiewicz as directors in its growing rates sales and trading team.
Swiss banks reveal record money-laundering levels
Daily news headlines
Never again
Daniel Sigrist, head of large bank supervision, the Swiss Financial Market Authority, talks to Alexander Campbell
Swiss Bank UBS Admits 'limited number' of Tax Frauds
Losses and Lawsuits
Swiss sophistication
Swiss investors have been stung by losses stemming from typical worst-of structures, while the aftermath of the credit crunch is eroding confidence even further. But New Private Bank is restoring some faith with original structures and a safe approach to…
US tackles home-host issues caused by Basel II delay
US financial regulators are working with foreign bank supervisors to minimise cross-border implementation difficulties that might arise from the country’s delayed Basel II plans.
New York Fed picks up on confirmation issue
The New York Federal Reserve Bank will meet regulators and leading banks next month in an attempt to deal with backlogs of unconfirmed credit derivatives trades.
Basel II securitisation paper delayed
BASEL - The planned paper on asset securitisation in the context of the Basel II bank accord will not be published today as hoped, but is likely to be issued some time next week, global banking regulators said.
Key Basel II package expected tomorrow
BASEL – Global banking regulators plan to issue a package of documents on the Basel II bank accord tomorrow, including a key survey seeking information on how the complex, risk-based accord might affect banks around the world.
Swiss and UK banks set to win as Japanese lose in Basel II
Swiss and UK banks are poised to be the main beneficiaries of the proposed new regulatory capital Accord, Basel II, according to results from the Basel Committee on Banking Supervision’s quantitative impact study 2.5 (QIS2.5).